Lipac carries out its rental of aerial work platforms and telehandlers from five depots in central Sweden. The company, whose head office is in Stockholm, has 37 employees and operates a fleet of around 1,000 machines, including scissor lifts, boom lifts, truck mounted lifts as well as telehandlers.
Riwal鈥檚 chief business development officer S酶ren Rosenkrands said: 鈥淪weden is one of the key target countries in terms of our growth strategy. The acquisition of Lipac will significantly strengthen Riwal鈥檚 market position in Sweden. Riwal and Lipac are a strong fit as both companies are specialists in powered access and have complementary depot locations.鈥�
Lipac鈥檚 owner and managing director Per Hedebark added: 鈥淲e are pleased that our company is joining forces with one of the global leaders in powered access rental. By pooling our knowledge and resources I am confident that we will be able to further develop our combined business in the Swedish market to the benefit of our customers. Lipac鈥檚 employees will be able to benefit from new development opportunities within the international Riwal Group.鈥�
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